Problem 5 Question Help Lincoln Lights is considering hiring one of three softwa

Question

Problem 5 Question Help Lincoln Lights is considering hiring one of three software firms to implement a new IT system. Lincoln management has decided to evaluate the firms on three dimensions-reputation, skill level, and price. Weights for each dimension, as well as performance ratings for each of the firms (1poor" to 5 "excellent), are shown in the following table. Click the icon to view the performance values for the three software firms. a. The weighted performance score for Altrex is(Enter your response rounded to one decimal place) More Info Altrex TGI Ltd PC Associates Skill level Price 0.2 0.3 0.5 Print Done

Explanation / Answer

Weighted performance score of Altrex = 0.2*1 + 0.3*2 + 0.5*4 = 2.8

Weighted performance score of TGI Ltd = 0.2*5 + 0.3*5 + 0.5*2 = 3.5

Weighted performance score of PC associates = 0.2*3 + 0.3*3 + 0.5*5 = 4

Weighted performance score of PC associates is the highest of all. Therefore, this should be selected.

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